And if I recall correctly it way outperformed the market crash and energy commodities, as if there was a rotation into safer haven high yield stuff. Unless it was a head start on today's big energy swing.
Appreciate the heads up, goes to show you some people (me) don`t even know what they are investing in, been here since 11 of 10, will most likely pass this & all other holdings to my son. Good to know HEP will be able to handle more upcoming slow-down in the business. Best of trading to You. Question, I invested in a Nat. Gas Compression Co. (CCLP) have You ever looked into this operation before?
Methinks you're confusing it with something else. UNEV carries finished product only, no crude. In HFC's CC, Jennings asserts their increased market share (in AZ and NV) will mitigate the seasonal slowdown.
I read where some of the quotas were not met, resulting in fines being paid. I know all existing wells are pumping, maybe not at full capacity, existing contracts should run through the remainder of the year. HFC may be recieving oil & gas from other pipes than HEP, quarterly report looks good, just can`t understand why the share price is so low now. We will see a slow down now since summer traffic will be coming to an end. I`m really feeling the pain from this glut, hope I can out-live it to recoup my paper losses, I know I`m not alone in this.